Question: Ellen has an 8 - year - old son who will go to college at 1 8 years old. She has to pay the $
Ellen has an yearold son who will go to college at years old. She has to pay the $ tuition fee for each year in college year college How much does she need to put in the bank each year year from now until her son is years old to cover all the costs? The interest rate is compounded annually.
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